mortgage terms: Mortgage Terminology - 04/27/12 05:21 AM
Mortgage Jargon

I have found that often times clients are frustrated with trying to understand financial jargon. It’s important in any real estate or loan transaction and it’s always a difficult subject to learn. So I’ve compiled a list of financial termer that every buyer or borrower should know. Hope this helps! (Terms from multiple sites including Trulia and dictionary.com)
Adjustable rate: An interest rate that may change over time of the loan, and the essence of an Adjustable Rate Mortgage. Some rates vary according to an established financial index like COFI – adding a set “margin” of percentage points.
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Lynn Tardibuono, Sun Pacific Mortgage and Real Estate (Sun Pacific Mortgage and Real Estate)

Lynn Tardibuono

Sun Pacific Mortgage and Real Estate

Santa Rosa, CA

More about me…

Sun Pacific Mortgage and Real Estate

Address: 800 Mendocino Ave, Suite 2, Santa Rosa, California, 95401

Office: (707) 523-2099

Fax: (707) 523-1875

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